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NEWS ABOUT: Paramount Pictures

Military Shows Off 'Iron Man' Armor

Suits unveiled alongside Iron Man 2 DVD

(Newser) - Raytheon unveiled a revolutionary new military technology yesterday—at an event celebrating the Iron Man 2 DVD release. It’s a fairly apt product tie-in. The company was demonstrating its second-generation Exoskeleton, or XOS 2, a hydraulic suit that can allow a soldier to easily and repeatedly lift 200 pounds,... More »

16 Women Entangled in Sex Scandals

It might usually be the men...but not always

(Newser) - Nikki Haley’s rumored affair with a blogger got the Daily Beast thinking about why it is that women get caught up in fewer sex scandals than men. That doesn’t mean, however, they're never tabloid bait. Sixteen of the juiciest:
  • Princess Diana: The tabs jumped on all sorts of
... More »

Hollywood Trims Star Deals

It's curtains for deals that pay actors before studios recoup losses

(Newser) - In this economic climate, even Hollywood has become risk-averse, forcing actors to share in a film’s success or failure, the Wall Street Journal reports. “First-dollar gross” deals, which pay actors handsomely even when films flop, are out of favor. For years, top actors drew deals paying a percentage—... More »

Forget Oscar—Who Were 2008's Rainmakers?

(Newser) - The Oscars are coming up, but that orgy of self-congratulation doesn’t celebrate what really matters in Hollywood: money. Forbes crunched the numbers for 2008 and selected the winners of a different award: the Rainmaker.
  • Best Actor: Robert Downey Jr. returned $52.60 to Paramount for every dollar it spent
... More »

Spielberg, Paramount Split DreamWorks Projects

Divorce accomplished without years of litigation, projects divvied up

(Newser) - It may be one of the most amicable Hollywood divorces in history. Paramount Pictures and DreamWorks announced a division of 200 movie projects in development as golden-touch producer Steven Spielberg leaves to launch a new company, according to the Hollywood Reporter. The unexpectedly easy split comes in defiance of Hollywood... More »

Suit: Spielberg Copied Hitchcock

Copyright owner says Disturbia rips off Rear Window

(Newser) - Steven Spielberg ripped off Rear Window when he made last year’s thriller Disturbia, a lawsuit filed yesterday alleges. The 1954 Alfred Hitchcock classic was based on a 1942 short story, and the owner of the rights to the story has sued for compensation from Spielberg, DreamWorks, and Paramount Pictures,... More »

Jones Sues for $10M in No Country Pay

Paramount hasn't coughed up promised bonuses, he argues

(Newser) - Actor Tommy Lee Jones has sued the producers of Oscar Award-winning No Country for Old Men for $10 million he claims is owed him. The suit charges Paramount Pictures failed to pay Jones a promised chunk of "significant box-office bonuses" and other compensation linked to the success of the... More »

Paramount Loses $450M Funding Deal

The failure is part of a larger trend as liquidity dries up

(Newser) - A $450-million deal with Deutsche Bank that would have financed up to 30 films for Paramount is off the table, the Financial Times  reports. Perhaps an unlikely casualty of the credit crunch, Paramount walked after a lack of enthusiasm in the market led to terms that were unattractive, persons familiar... More »

Weinsteins Sign 7-Year Deal With Showtime

Films will replace slate lost when Paramount bailed in April

(Newser) - Showtime and the Weinstein Company have inked an exclusive 7-year movie deal, giving the pay TV network a replacement for the slate of films it lost when Paramount, MGM, and Lionsgate decamped in April and teamed up to launch a rival network, Variety reports. Showtime had balked at what it... More »

Murphy In for Beverly Hills Cop 4

Paramount wants director Ratner to revive franchise after Indy -like 14 years

(Newser) - Fans of the old Eddie Murphy (you know, before the fat suits and prostheses), rejoice: A third sequel to 1984’s Beverly Hills Cop will start production next year, Variety reports. Murphy approached Paramount about the project, and the studio eagerly agreed after successfully disinterring Indiana Jones. Murphy is attached,... More »

Iron Man Blasts Off at Box Office

Action flick is 10th highest opener ever

(Newser) - Paramount and Marvel struck gold with Iron Man this weekend, raking in $201 million worldwide in the tenth-best opening ever, Variety reports. The male-skewing film left room for Made of Honor to draw in women and $15.5 million in second spot.  More »

Movie Studios to Create Premium Channel

MGM, Paramount, Lionsgate joint venture would target HBO

(Newser) - Paramount Pictures, MGM Studios, and Lionsgate are creating a premium TV channel to compete with HBO and Showtime, reports the Los Angeles Times, which currently showcase their programming. The joint venture comes as those same channels look to pay studios less for movies and pursue production of their own content. More »

Board Games Set for Turn on Big Screen

Monopoly, Candy Land to follow in steps of Transformers , Toy Story

(Newser) - Paramount has the rights to any Transformers sequels, but a new deal with toymaker Hasbro guarantees Universal Pictures sole access to nearly all the company's iconic brands, including board games. The studio is said to be developing a Monopoly film, and a new live-action version of the game Clue may... More »

Studios Win Suit Against TorrentSpy

Site allows users abroad to find, download films

(Newser) - A federal judge has put an early end to a copyright infringement trial, finding online file-sharing service TorrentSpy.com liable for movie piracy. In a victory for Paramount Pictures and other film studios, the Los Angeles court ruled that the operators of TorrentSpy destroyed evidence and made false statements under... More »

Vudu to Match DVD HD Releases

Service will offer HD downloads same day DVDs hit stores

(Newser) - The Bourne Ultimatum, the Matt Damon action movie, will be available online Tuesday - the same day as the DVD reaches video stores. AP reports it's the first of many high-definition movies to be released by Vudu, the on-demand video service. Vudu, which sells its set-top box for $399, will... More »

Issue of Stars' Safety Delays Kite Runner

Producers fear film may inflame Afghanistan's ethnic tensions

(Newser) - Paramount Vantage is pushing back the release of "The Kite Runner" to allow its child stars to leave Afghanistan, the New York Times reports. The studio, worried that a “Danish-cartoons situation” could erupt over an ethnically charged rape scene, has moved the film's release date to Dec. 14.... More »

Speilberg & Paramount Head for Divorce

Unhappy DreamWorks director will likely seek new backer

(Newser) - A split between the DreamWorks braintrust and Paramount appears inevitable amid reports that director Steven Spielberg and partner David Geffen will seek new backers as soon as they're free to do so. The duo have been upset almost from the moment they sold Dreamworks to Paramount two years ago, complaining... More »

Paramount Drops Blu-Ray for HD DVD

High-definition format war takes a new turn as player prices fall

(Newser) - The face-off between two standards for high-definition DVDs took a new turn yesterday as Paramount Pictures and its subsidiary DreamWorks dropped support of Sony's Blu-ray format. Starting this week, the studios will distribute new discs exclusively in the HD DVD format, which is supported by Toshiba and functions on less... More »

Spielberg May Split From Paramount

Angry director could pack up DreamWorks and leave studio

(Newser) - Steven Spielberg is so disillusioned with Paramount Pictures that he may bail on the studio, which less than 2 years ago bought the director's DreamWorks for $1.53 billion. The legend behind Jaws, E.T.,  and Transformers is furious that Paramount takes credit for his movies and mistreats his... More »

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